Reported about 9 hours ago
Interval funds are experiencing significant growth as investors seek opportunities in private markets, with 25 new funds launched this year, totaling 139 and managing around $100 billion in assets. These funds, which allow for less frequent redemptions compared to ETFs, are increasingly popular among clients looking for higher yields despite lower liquidity. Notably, TCW has introduced a fund focused on private asset-backed credit, while challenges continue for ETFs trying to enter the private asset market.
Source: YAHOO